Forex Trend Analysis Report
Prepared for you on Monday, July 16, 2018.
Jordanian Dinar/Norwegian Krone (FOREX:JODNOK)
Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-trend could be changing and moving into a trading range Sidelines Mode.
The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.
MarketClub’s Trade Triangles for JODNOK
The long term trend has been UP since May 1st, 2018 at 11.34250
The intermediate term trend has been DOWN since Jun 12th, 2018 at 11.29685
The short term trend has been UP since Jul 11th, 2018 at 11.37385
Smart Scan Analysis for JODNOK
Based on a pre-defined weighted trend formula for chart analysis, JODNOK scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).